Filing Flows › Evergy (EVRG) › Q4 2024
Evergy (EVRG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 27, 2025
Evergy (EVRG) reported revenue of $1.3B for the fourth quarter 2024 (Q4 2024), +6% from a year earlier and -31% from the quarter before. Operating margin was 17.7%, net earnings $78.2M (6.2% of revenue).
Evergy, Q4 2024: revenue $1.3B (+6% year over year), operating margin 17.7%, net earnings $78.2M, operating cash flow $396M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | -31% | +6% |
| Operating profit | $222M | -65% | +23% |
| Net earnings | $78.2M | -83% | +35% |
| Operating cash flow | $396M | -59% | -8% |
What changed
Revenue was $1.3B in Q4 2024, up 6% year over year and down 31% from the previous quarter.
Operating profit was $0.22B, a 17.7% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 60% reached operating profit, above the 15% margin then. Total costs grew 3% against revenue growth of 6%. Net earnings were $0.08B, up 35% year over year. The effective tax rate was -6.1%.
Operating cash flow was $0.40B (down 8% year over year), 487% of net income including minority interests. Non-cash charges added back $0.28B of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.51B exceeded it, leaving free cash flow of −$0.12B.
Questions
What was Evergy's revenue in the fourth quarter 2024?
Evergy (EVRG) reported revenue of $1.3B for the fourth quarter 2024 (Q4 2024), +6% from a year earlier and -31% from the quarter before.
Was Evergy profitable in the fourth quarter 2024?
Operating profit was $222M (17.7% of revenue) and net earnings $78.2M.
Source: Evergy 10-K on SEC EDGAR.